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BitGo Unveils 1-1 USD-Backed USDS Stablecoin
This week, BitGo, a digital asset custodian, launched USDS: The USD Standard, a 1:1 USD-backed stablecoin it hopes will transform the digital asset landscape by prioritizing fairness, transparency, and market neutrality.
BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin
BitGo says USDS is an "open participation" stablecoin that provides rewards to institutions for providing liquidity to the ecosystem.
BitGo to unveil its reward-earning USDS stablecoin in Q1 of 2025
Mike Belshe, BitGo's CEO, announced during the Token2049 conference in Singapore that BitGo was planning to launch a stablecoin dubbed “USDS” during Q1 of 2025. BitGo referred to the USDS as the first ‘open-participation’ stablecoin that would redefine financial freedom.
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
1d
Revolut Hits 10 Million Customers In The U.K. Amid Talk Of Stablecoin Plans
Revolut has racked up another milestone in its quest to challenge Britain’s biggest banks. The fintech giant said on Friday ...
Crypto Briefing
2d
Token extensions are "a big good" reason why PayPal taps Solana for stablecoin, says PayPal crypto chief
PayPal opts for Solana over Ethereum for its PYUSD stablecoin, focusing on fast transactions and token extensions.
4d
Ex-Coinbase Workers Start Stablecoin Focused Crypto Exchange
Two former high level Coinbase Global Inc. employees are launching a cryptocurrency platform called TrueX that will use ...
The Tech Report
18h
Tether Business Structure, Transparency, And 75% Stablecoin Market Dominance Raise FTX-Like Concerns
Tether USDT now has a market cap exceeding $119 billion, representing over 75% of the
stablecoin
market. However, Tether’s failure to provide third-party audits has sparked investor concerns about ...
Hosted on MSN
2d
SocGen's Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum
Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report.
blockonomi
3d
BitGo & Revolut Join the Stablecoin Race: New Offerings on the Horizon
BitGo, one of the creators of the popular Wrapped Bitcoin (WBTC), has announced plans to roll out a new stablecoin called ...
3d
Wyoming’s Stablecoin Plan Is Latest Crypto Push by Cowboy State
It turns out that the high plains and majestic mountains of Wyoming are a hotbed of activity when it comes to laying out the ...
3d
Revolut plans entry into stablecoin market with new fiat-pegged token—report
Revolut, the London-based fintech firm known for its innovative approach to digital finance, is reportedly preparing to ...
coinspeaker
2d
SG Forge Shifts Euro Stablecoin to Solana Following Lackluster Performance on Ethereum
SG Forge has decided to introduce its euro-backed stablecoin EUR CoinVertible (EURCV) on the Solana blockchain.
2d
XRP eyes gains as Ripple gears up for stablecoin launch, Grayscale XRP Trust notes rising NAV
XRP held steady above support at $0.5026 for nearly 12 days. The asset has found support at $0.5500. If XRP sustains above ...
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